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NEWS: International Renewable Energy Agency seeks applications for project funding


Mobilising finance is one of the greatest challenges for scaling up renewable energy. Providing financial support to projects that are innovative, replicable and broaden energy access is crucial.

The International Renewable Energy Agency (IRENA) is welcoming online applications with project summaries for concessional loans worth USD 50 million from the Abu Dhabi Fund for Development (ADFD) to facilitate renewable energy projects in developing countries, in the first of seven funding cycles totalling USD 350 million. Renewable energy projects must be government-led or government-guaranteed.

Online applications close on 12 January 2013, 17:00 (Abu Dhabi local time).

Visit www.irena.org/adfd to find out more and start the online registration.

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